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Commercial Lawyer - Sainsbury's Bank (FTC)

🏢 Sainsburys 📍 London, England 💼 Company - Public
Currency:
£64,000 - £70,000
£5,333 - £5,833 / mo
Verified Corporate Employer (Authorized Corporate Employer)

This vacancy is published by an accredited employer with authorized corporate payroll and standard compliance adherence.

Transatlantic Cost of Living & Purchasing Power Benchmark

Verified Analytics
Location Base
London, England
Tier-1 UK Economic Zone
Est. Take-Home Pay
68% - 74% (After PAYE & NI)
Single tax filer baseline
Transatlantic Parity
1.0 GBP ≈ $1.28 USD Living Standard
Direct corporate benchmark

Position Overview & Specifications

Commercial Lawyer - Sainsbury's Bank (FTC)

- 12 Month Fixed Term Contract (230000RC)


Location

This is a Hybrid role that can be based out of either of our offices in Holborn, London or Lochside, Edinburgh.


This is a 12 month fixed term contract.


In a nutshell

As Commercial Lawyer, you’ll be working across all parts of the Sainsbury’s Bank business, ensuring that the most effective legal process is followed in relation to the company’s and Bank’s core commercial processes and procurement of goods and services. This will include advising on the right contracting procedures, drafting and reviewing a wide range of contracts, negotiating commercial contracts, working within a team of commercial lawyers and identifying and mitigating risks within the company’s and Bank’s contracting processes.


What you need to do

  • To maintain a Bank, and where appropriate, Group perspective when advising on legal issues and decision making in order to ensure the most effective working practices across the different businesses
  • Work within a team of legal professionals to help create a high performing team that that takes both reactive and proactive actions to deliver industry leading standards around commercial law
  • Support the Bank in drafting and negotiating a range of commercial contracts supporting the Bank’s retail banking, mortgage and insurance businesses
  • Providing legal input on the Bank’s internal governance including ensuring that proper governance is followed.
  • Work cross functionally with a variety of stakeholders across the Group and to build strong links between the Group Commercial Law team and the Bank
  • Advise and support in high profile and complex commercial negotiations
  • Support the business in following the right legal contracting compliance procedures to ensure effective contracting, procurement and negotiation. Helping to deliver excellent contractual documentation including drafting key documentation, standard commercial contracting terms and precedents
  • Deliver agreed education and legal training to all relevant commercial and Bank business teams
  • Work to develop additional areas of expertise relevant to Commercial Law, including but not limited to IP, Data Protection , Technology, Outsourcing and Marketing
  • Supporting the Team Leader in using technology and third parties to streamline commercial law processes

What you need to know and show

  • Experienced legal professional and likely to be solicitor or barrister but equivalent legal and other professional experience will be considered
  • Significant experience of advising on commercial contracts with relevant experience working in the financial services industry
  • Proven ability to work cross functionally with a range of stakeholders
  • Excellent communication skills to be able to influence colleagues at all levels in a collaborative and constructive manner
  • Good understanding of trends in legal practice across relevant business sectors including retail
  • Credible and trusted advisor to all stakeholders across the business with a focus on supporting the Bank and ensuring full alignment across Group commercial contracting to take due account of Bank requirements
  • Working effectively and collaboratively within the commercial law team and the wider legal team

Our benefits

In addition to the all-important competitive salary, pension & bonus offering, we totally get that life outside work is important to us all. So, we want to shout out some of our other great benefits…

  • We offer flexible working to help you achieve a good work/life balance.
  • Opportunity to buy extra holidays is on the table.
  • Discounts on your weekly shop, buying a laptop or sofa? We’ve got it covered through your Sainsbury’s, Argos and Habitat store discount card.
  • Cycle to work scheme

A little about us & our culture

We’re proud of our heritage as the UK’s first supermarket bank. As digital technology drives the banking landscape we want to be at the cutting edge of this technology, offering award winning innovative digital banking products to our customers. Technology is where we see our growth therefore, we need innovators to join us and drive the next phase of our evolution.


We’re a friendly bunch who collectively share a passion to make our customers’ financial lives easier. As part of the wider Sainsbury’s Group, being one of the UK’s most trusted brands, it brings our colleagues a wealth of opportunities to fulfil their potential. Here, you can be part of something bigger and help to create a new approach that puts the customer at the heart of everything we do.


It’s important that our colleagues reflect the diversity of the communities we serve. Our inclusive recruitment policy means we’re committed to training and developing all our colleagues, treating everyone fairly and equally when they come and work with us.


As this role involves working within a regulated environment any offer will be subject to satisfactory background checks including criminal record check, credit check, fraud check and employment references.


#LI-KP1


Primary Location

GB-GB-London

Other Locations

GB-GB-Edinburgh

Work Locations

Sainsburys Bank Holborn and Home Sainsbury's Bank 33 Holborn London EC1N 2HT

Job

Finance

Schedule

Full-time
Advertised Salary competitive
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Candidate Selection & Onboarding Process

1

Application & Resume Screening

Submit your tailored CV/Resume directly to the talent acquisition portal.

2

Technical & Competency Interviews

Virtual interviews with the hiring manager and multidisciplinary team.

3

Formal Offer & Benefits Negotiation

Written agreement outlining compensation, equity, retirement vesting, and relocation allowances.

4

Onboarding & Corporate Integration

Equipment provisioning, team orientation, and commencement of duties.

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Hiring Organization
Sainsburys

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Location: London, England
Eligibility: Verified Employer Direct Placement
Schedule: Company - Public
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